Category: Brokers

IG Group
September 16, 2021 BY Steffy Bogdanova

IG Group reports £221.7 million in Q1 FY2022

The number of active clients in the first quarter touched 287,200. Excluding tastytrade, which IG Group recently acquired, active clients increased 12% in Q1 FY22 compared to Q1 FY21. Core Markets+ revenue stood at £192.1 million in Q1FY22, falling 4% compared to the last quarter. This is a reflection of the impact of ASIC regulation…

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BDSwiss offers new payment methods in LATAM via PayRetailers
September 16, 2021 BY Steffy Bogdanova

BDSwiss offers new payment methods in LATAM via PayRetailers

BDSwiss takes steps towards addressing the issue with this latest partnership. It offers Latin American clients the ability to process deposits, transfers and withdrawals via Visa Mastercard and with the widely accepted Brazilian card scheme – Hipercard. Andreas Evripidou, the BDSwiss Head of Payments, commented: We are very pleased with our partnership with PayRetailers, because…

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Revenue growth
September 13, 2021 BY Alan Sayer

UP Fintech Reports Unaudited Q2 Results, Revenue Jumps 98.7%

Wu Tianhua, CEO and Director of UP Fintech, stated: Market backdrop was relatively weaker compared to the first quarter, but I am happy to report that the Company still achieved substantial expansion in the second quarter. UP also saw a rise in newly funded accounts, with Tianhua adding:  As we continue to invest in our…

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Capital.com
September 10, 2021 BY Alan Sayer

Capital.com Expands Into Australia After ASIC Licence

Peter Richards, Director of Capital.com Australia Limited, stated: Capital.com is one of the fastest growing fintech companies operating in the retail trading space. The platform has a tremendous opportunity to grow in this region and to help more Australians access financial markets securely and responsibly. Underpinned by Capital.com's comprehensive education resources, we aim to bring…

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Saxo Bank
September 09, 2021 BY Steffy Bogdanova

Saxo Bank FX volumes fall 13.5% MoM in August

Commodities saw a monthly volume of $35.3 billion, compared to $34.0 billion during the previous month. The daily average stood at $1.6 billion, compared to $1.5 billion in July. Despite the other monthly dips, Fixed Income’s volume rose in August, reaching $7.3 billion, compared to $6.9 billion in July. Saxo Bank recently released its financial…

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PrimeXM volumes
September 09, 2021 BY Steffy Bogdanova

PrimeXM posts $1.07 trillion in total trading volumes in August

PrimeXM Data Centre in London LD4 registered $828.25 billion in notional value, 4% above last month’s numbers. The Data Centre NY4 returned second place with $119.26 billion in monthly trading volume. And TY3 processed $117.82 billion. The newly established SG1 data center, reached $11.83 million. XAUUSD remains consistent as the favouruite instrument of PrimeXM’s traders…

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TP ICAP
September 07, 2021 BY Steffy Bogdanova

TP ICAP sees £936 million revenue in H1 2021

Energy and Commodities revenue dropped 9% on a constant currency basis in the H1 2021. Parameta Solutions’ revenue was up 6% in the Period on a constant currency basis and 1% down on a reported basis. Nicolas Breteau, CEO of TP ICAP Group plc, commented: In the first half we made good progress executing our…

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September 03, 2021 BY Steffy Bogdanova

ETX Capital sees 48% rise in revenue for 2020

Chief Executive Officer, Philip Adler, stated: The year has been truly eventful, I am very pleased with our results and the team performance during COVID and we finished on a high with the acquisition of ETX Capital by Swiss based private equity firm Guru Capital which helped set our new vision and initiatives. In May…

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FXSpotStream
September 02, 2021 BY Steffy Bogdanova

FXSpotStream sees $41.36 billion ADV in August

The ADV for August stood at a 0.47% increase year-over-year. The company’s overall volume reached $909.879 billion, up 5.26% YoY, compared to August last year. FXSpotStream’s ADV YTD rose 13.42% to $48.486 billion when compared to the same period last year. The August ADV numbers are based on 22 trading days.

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